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Air China (AIRC.L, AIRYY.PK) reported that its profit attributable to equity shareholders of the Company for the six months ended 30 June 2015 surged to RMB 4.19 billion and 34.09 cents per share from RMB 510.37 million and 4.15 cents per share in the same period last year. The company recorded an...

Basilea Pharmaceutica Ltd. (BPMUF.PK) said that its Chief Technology Officer Ingrid Heinze-Krauss will retire after 15 years with the company. The company appointed Günter Ditzinger, currently Head of Pharmaceutics, to succeed Heinze-Krauss in the role of Chief Technology Officer and as a member of...

Apple Inc. (AAPL) will hold a media event on September 9 at the Bill Graham Civic Auditorium in San Francisco, California, where it is expected to unveil the latest iPhone, a new Apple TV set-top box and other updated products. The reports indicated that the latest smartphones will look similar to...

Google (GOOG, GOOGL) has rejected the European Union's charges that it abused its market power and the demanded that it change the way it ranks online comparison shopping services in its search results, setting up a potentially long legal battle with the EU regulator empowered to levy billions of euros...

Weyerhaeuser Co. (WY) announced that its board declared a dividend on the company's common shares of $0.31 per share, reflecting a 6.9 percent increase from the prior quarterly dividend of $0.29 per share. The dividend is payable in cash on September 25, 2015, to holders of record of such common shares...

Comcast Corp. (CMCSK) announced the launch of a new 250 Mbps Internet speed tier, Extreme 250, immediately available for purchase. It will offer this new speed option for customers in Oregon & SW Washington. "Our new Extreme 250 speed provides a superfast connection for online activities such as gaming,...

Cargojet Inc. (CJT.TO) announced that it entered into a new Air Cargo Service Agreement with United Parcel Service Canada Ltd. (UPS). The Agreement replaces the agreement originally entered into in 2003 to provide domestic overnight air cargo services throughout Canada. "Cargojet is extremely pleased...

The U.S. Food and Drug Administration issued warning letters to three tobacco manufacturers — ITG Brands LLC, Santa Fe Natural Tobacco Company Inc., and Sherman's 1400 Broadway N.Y.C. Ltd. — who describe their cigarettes on product labeling as "additive-free" and/or "natural." The action marks the...

S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, Inc. (MHFI), said late Thursday that video-game publisher Activision Blizzard, Inc. (ATVI) will replace Pall Corp. (PLL) in the S&P 500 after the close of trading on Friday, August 28. S&P 500 constituent Danaher Corp. (DHR) is acquiring...

Activist investor Carl Icahn has disclosed an 8.46 percent stake in mining and oil company Freeport-McMoRan Inc (FCX), as per a filing with the Securities and Exchange Commission on Thursday. Icahn said he believes Freeport shares are undervalued, and he plans hold talks with the company relating...

Amgen Inc (AMGN) on Thursday said the U.S. Food and Drug Administration approved Repatha (evolocumab) injection for some patients who are unable to get their low-density lipoprotein ("LDL") cholesterol under control with current treatment options. Repatha, the second drug approved in a new class of...

Spectranetics Corp. (SPNC) said Thursday that it has named Stacy McMahan Chief Financial Officer, effective September 28. Ms. McMahan has more than 25 years of finance leadership experience, including Chief Financial Officer and Vice President of Finance with responsibility for global, treasury,...

OmniVision Technologies, Inc. (OVTI) reported net income for the first quarter of $18.2 million or $0.31 per share, compared to $45.3 million or $0.78 per share for the year-ago quarter. Excluding items, adjusted net income for the first quarter was $28.6 million or $0.46 per share, compared to $54.4...

Celgene Corp (CELG) on Thursday said it has closed its acquisition of Receptos Inc. Receptos stockholders received $232.00 per share in cash, for a total of about $7.2 billion, net of cash acquired, the company said. As a result of the completion of the merger, the common stock of Receptos is no...

Data-analysis software maker Splunk Inc (SPLK) on Thursday reported second-quarter net loss of $55.3 million or $0.44 per share compared with a loss of $60.8 million or $0.51 per share last year. Excluding stock-based compensation expense and other one-time items, adjusted earnings for the quarter...

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